Tron - Will it Crush 2018

With a market capitalization of around USD 6 billion Tron sits one of the top 20 digital assets Inspiring many to ask.

What made Tron successful since November?

Many feel it rode high on Bitcoin's coattails. Others believe it is Justin Sun who is the Alibaba creator Jack Ma's only millennial prodigy. Sun has been featured in Forbes magazine Asia's 30 under 30 in 2017 at only 27 years old. Sun is the founder of Peiwo, which now has around tens of thousands of followers in China. Graduating from the University of Pennsylvania, he quickly started working for Ripple in China and led the company through its initial round of funding.

In terms of Tron's utility, its hypothesized mission is to 'heal the net" yet still lacks a clear-cut real-world use case. By supplying an alternate way of sharing, saving and possessing entertainment material online, while cutting out middlemen such as Apple, Google, Facebook, and YouTube Justin Suns vision is quite ambitious. Tronix tokens can't be mined, and are also operate under a Proof-of-Stake protocol (versus a Proof-of-work protocol to get cryptocurrencies such as Bitcoin.

Tron is clearly growing and has landed several new recruits sourced from the Alibaba Group. Former Alibaba Chief Data Mining Expert Zhao Hong, for instance, joined Tron at December, while security pro Zhang Anwen, that has worked on methods development for major banks like Bank of China, CCB, and ICBC, joined in January. The marketing of big-name partnerships is often the impetus behind cost spikes, also Tron has certainly been vocal about his biggest news which has left many with the feeling of the FOMO. Baofeng which Sun describes as the Chinese Netflix has recently partnered with the Tron team. Sun says "Baofeng Group is one of the greatest Internet companies and a dominant public company in China. This cooperation reflects Baofeng's clear understanding of the Internet's future and its high recognition of the Tron project and staff."

Another venture with oBike, are not as easy to comprehend. Conversely, the machine would enable Tronix holders to utilize their tokens as payment for oBike products and services. How this relates to a multi-billion dollar blockchain service is still a bit unclear.

The allegation that major pieces of its Whitepaper were really plagiarized in the IPFS along with Filecoin Whitepapers -- with no references or citation have run rampant. Sun's response that this had happened due to the English version being translated by volunteers with insufficient language skills didn't sit well with critics. Sun also later deleted his tweet about the incident once it became apparent the issue was rampant in both variants of the paper. As of now it seems investors remain bullish about Tron and the entrepreneurial capacities of Sun. If Sun wishes to continue the run he has commenced for the remainder of 2018 he will need more then just the hype and fomo he has created.

With numerous projects stepping up as potential leaders in the field 2018 could be an uphill battle for sun as the onus is on him to prove this project has what it takes for the long haul ahead.

Please leave a comment below and let me know if you think Justin Sun can put Tron into the top 5 in 2018.